JP MORGAN

EUR/USD: "Pullbacks held the old channel support at1.3590/80and we are potentially building for a move to new highs. $1.3700/20 is still expected to cap the near term, but we are likely to see something closer to $1.38 before moving into a 4th wave correction."

USD/JPY: "The pullbacks from the 124 yen highs looks to be an ABC correction, which is holding over the old 122.10/00 highs at this stage. We would only get bearish on a breakdown through 121.40 trend line support, until then look for dollar/yen to dig in and the JPY crosses to benefit."

EUR/GBP: "We are struggling to break the 67.60/80 pence area of resistance and the price action in the next couple of days is going to be important. The risks have shifted a little in favor of another run down to 67.00 area, but we will have to wait and see."

CALUDE MATTERN, BNP PARIBAS

EUR/USD: "The pair, above $1.3555, seen as a key support, is still seen testing its former high at $1.3685. A closing price above the latter would argue for a rise towards $1.3780or even above later on. Strong resistance is expected at $1.3680 at first."

USD/JPY: "Still testing a bearish break of a support line at 122.20 yen. A closing price below it would open way for a decline towards 120.80, with a first target at 121.50. Main resistance is at 122.80."

USD/CHF: "The pair, consolidating the last two-day fall, is seen returning below 1.2140 francs, towards 1.2090,before challenging a bearish break of 1.2060 (confirmed support line). Below, the main target is at 1.1995."

EUR/GBP: "Seen between 67.43 pence and 67.61, in test of a bullish reversal. A rise above 67.61 would argue for a rise towards 67.72."

GBP/USD: "Remains in position to resume a bullish trend, holding above $2.0130 as the key support. After a pause in the rally, the currency pair is expected to rise towards $2.0290as the next target (ascending resistance line."

EUR/JPY: "The pair, above 166.00 yen, seen as a key level on the downside, is still seen testing resistance above 167.20, towards 167.50, or even 167.70. Resistance is expected before a retreat."